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The Spokesman-Review Newspaper

The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
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Trump assails Fed as the ‘only problem our economy has’

President Donald Trump lashed out at the Federal Reserve on Monday after administration officials spent the weekend trying to assure the public and financial markets that Jerome Powell’s job as Fed chairman was safe.

Fed survey cites rising concerns about trade tariffs

The Federal Reserve said Wednesday that the U.S. economy was growing in the fall, but there were concerns about higher tariffs from a widening trade war, rising interest rates and tight labor markets.

Powell: U.S. economy healthy, rate increases aren’t automatic

Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening.

Trump escalates attacks on the Federal Reserve

President Donald Trump on Monday criticized Federal Reserve Chairman Jerome Powell for raising interest rates, breaking with recent presidents’ practice of not commenting on the Fed’s handling of the economy.

Robert J. Samuelson: The Fed’s strange ‘independence’

“The Federal Reserve is meant to be independent of parochial political interests. But it’s got to operate – I think of this as a kind of band, sometimes wide, sometimes narrow – within the range of understanding of the public and the political system. You just can’t go do something that is just outside the bounds of what people can understand, because you won’t be independent for very long if you do that.” – Paul A. Volcker, chairman of the Federal Reserve Board, 1979-1987

Fed is set to leave rates alone as trade war raises anxiety

The Federal Reserve will meet this week to assess an economy that has just enjoyed a healthy spurt of growth but faces a flurry of trade fights pushed by President Donald Trump that could imperil that growth over time.

Federal Reserve projects further gradual hikes in key rate

The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for growth.

Fed watchers await rate forecast with a hike all but certain

Another interest rate increase is all but certain when the Federal Reserve meets this week. What’s not so sure is whether the vigorous U.S. economy will lead the Fed to accelerate its rate hikes in the months ahead – a move that could raise the risk of a recession.

Chairman Powell stresses importance of an independent Fed

Federal Reserve Chairman Jerome Powell warned Friday that the Fed’s independence from political pressure must be respected if it is to succeed in controlling inflation, maximizing employment and regulating the financial system.

Wells Fargo’s growth ban won’t end until vote of full Fed Board

Unprecedented growth restrictions imposed on Wells Fargo will stay in place until the Federal Reserve’s board agrees the bank has made enough progress in fixing flaws that led to customer-abuse scandals over the past two years, Fed Chairman Jerome Powell said in a letter to Sen. Elizabeth Warren.

Fed in March discussed ‘slightly steeper’ future rate hikes

Federal Reserve officials at their March meeting, the first under new Chairman Jerome Powell, decided to stick with a gradual approach to rate hikes. But officials also discussed the possibility that the future course of rate hikes could accelerate.